Islamabad: (RightNow) Federal Finance Minister Muhammad Aurangzeb highlights Pakistan’s economic policy, emphasizing the government’s commitment to strengthen global partnerships to boost trade and investment.

The Finance Minister stated that Pakistan aims to further solidify economic ties with Gulf countries, China, and the USA. China remains a long-standing partner and a crucial part of the CPEC (China-Pakistan Economic Corridor) project.

Muhammad Aurangzeb mentioned that the first phase of CPEC focused on infrastructure development, while the second phase aims to reap economic benefits.

He added that Pakistan seeks to expand economic relations with the USA, as it is the country’s largest trading partner.

It is noteworthy that last fiscal year, Pakistan received $41.6 billion in remittances, with expectations to reach $44 billion this fiscal year.